The US Federal Reserve is on track to raise interest rates this year as long as inflation remains stable and the economy is strong enough to boost employment, its chairwoman Janet Yellen said on Thurs ...More
EJ Insight2015-09-25
The US Federal Reserve decided to delay the liftoff last week amid market turmoil in China and other emerging markets. It’s widely expected that the move will give some time for emerging markets to st ...More
EJ Insight2015-09-24
The US Federal Reserve kept its policy interest rate unchanged last week, which is in line with my expectation. This week the market is closely watching the meeting between Chinese leader Xi Jinping a ...More
EJ Insight2015-09-22
... S Federal Reserve is expected to raise interest rates soon, and Hong Kong, whose dollar is pegged to the US dollar, must follow suit. “People say property prices will fall because of the Fed, and that ...More
EJ Insight2015-09-22
An interest rate hike is still likely this year after a US Federal Reserve official called last week's decision to stand pat a "close call". San Francisco Fed president John Williams said the argument ...More
EJ Insight2015-09-21
Last month, a wildlife conservation organization discovered a massive amount of mud leaking out from a fish pond near Tam Kon Chau Road at the Mai Po Nature Reserve. Two days later, the entire bank of ...More
EJ Insight2015-09-18
The US Federal Reserve kept interest rates unchanged Thursday but left open the possibility of a modest policy tightening later this year, Reuters reported. Fed chairwoman Janet Yellen said developmen ...More
EJ Insight2015-09-18
... e Federal Reserve is likely to increase volatility in capital flows and exchange rates in the emerging markets, the major destinations of Hong Kong exports, Kwan said. As a result, demand for Hong Kon ...More
EJ Insight2015-09-17
... ecoming a reserve currency by directly addressing the concerns of the International Monetary Fund about the renminbi’s inconvertibility. Beijing is campaigning for adding the renminbi to the currency ...More
EJ Insight2015-09-17
Hong Kong could see some capital outflow as the United States Federal Reserve prepares to raise interest rates, the head of Hong Kong Monetary Authority (HKMA) said on Wednesday. The US central bank i ...More
EJ Insight2015-09-17
Global investors are paying close attention to the US Federal Reserve as it begins a two-day meeting Wednesday. Now what exactly should the investors do after the central bank rate announces its rate ...More
EJ Insight2015-09-16
The market is awaiting the results of the US Federal Reserve meeting this week as well as the visit of Chinese President Xi Jinping to the United States later this month. The summit between the Chines ...More
EJ Insight2015-09-15
... ional and reserve currency widely used by private and official foreign investors. If Chinese officials are serious about pursuing this goal, they should stop focusing on the SDR and start developing s ...More
EJ Insight2015-09-14
All eyes will be on the US Federal Reserve this week as it decides whether to raise interest rates on Thursday. Fed officials are due to convene the Federal Open Market Committee, a crucial meeting ex ...More
EJ Insight2015-09-14
Many economists are sticking to predictions the Federal Reserve will lift interest rates next week, but money-market derivative traders still need convincing. Thirty-eight of 78 economists surveyed by ...More
EJ Insight2015-09-11
China’s foreign exchange reserves have kept sliding since mid-2014, after deducting the foreign trade surplus. In addition, the country has witnessed a continuous net outflow of capital since the thi ...More
EJ Insight2015-09-10
... e the REO reserve the right to cross-check the address with the voters, this doesn't happen often, as the office handles hundreds of thousand of such applications. That has emerged as a serious loopho ...More
EJ Insight2015-09-08
... -exchange reserves, thereby preventing the renminbi from appreciating as much as it would have had it floated freely. More recently, the authorities have been deploying every piece of policy artillery ...More
EJ Insight2015-09-07
... k Federal Reserve registers gold sales between national central banks. Clearly, the incentives and motives of art investors who are engaged in capital flight, or who want to hide or launder their mone ...More
EJ Insight2015-09-07
... k. Today, reserve currencies are not backed by gold. Their value is more slippery -- a function of supply and demand. The shift from the pound to the dollar reflected a passage of economic power betwe ...More
EJ Insight2015-09-05
